In California, HOA and Condo boards are limited in raising assessments without member approval. They can raise the regular assessments 20% a year and/or impose a special assessment of up to 5% of the budgeted gross expenses for a fiscal year without a vote. If a vote is needed, the requirement is majority of a quorum [...]
Condo Law & HOA Law for Boards & Owners
Tag Archive: owner rights
TELECONFERENCE BOARD MEETINGS FOR HOAs & CONDOS???
Here is more information on Meetings Under the New Law for HOAs and Condos in CA. Follow this and my other blog called California Condo and HOA Law Blog – both are accessible on the main page of my website at www.californiacondo.guru.com, as is tons of other free and low cost information and resources! I’ll save [...]
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I wrote the book, The Condo Owner's Answer Book to address the unique situations that come with buying and owning a condo. It also discusses your rights and responsibilities as a condo owner and a member of a homeowner's association. Includes practicial answers to more than 125 questions about condo ownership. Available now from Amazon.com.